foreign
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Foreign banks: rivals for big funding projects
Foreign banks providing direct services on the domestic market, which are benefiting from the European financial passport, are starting to make their presence felt, particularly in tenders f...
Apemin Tusnad wants partnership with foreign juice firm
Gyarfas Kurko, the general manager of Tusnad mineral water bottler, says he is likely to form a distribution partnership with a foreign producer of juices and nectars in a bid to expand the...
Domestic drug makers to challenge foreign markets
There are only a handful of Romanian drug exporters and few domestically manufactured products are present on foreign markets. Nevertheless, the main domestic producers seem set to exploit a...
20.1% more foreign visitors in April
The number of foreign visitors to Romania registered at border checkpoints stood at 535,900 people in April, up 20.1% against April 2006, with the majority, i.e. over 94.5% originating from...
Banca Romaneasca wants more foreign currency deposits
Banca Romaneasca has increased, rates for euro deposits by 0.8 percentage points on average, interest, in an attempt to attract larger sums from clients. Starting this week, the bank will pa...
Romania ranks 12th in terms of foreign deficit worldwide
Romania ranked 12th out of 163 states last year, in terms of the absolute value of current account deficit, shows a ranking devised by the Central Intelligence Agency (CIA) in the United Sta...
Bankers call on exporters to cover foreign currency risks
Exporters may encounter problems because they are not using hedging instruments to protect themselves against foreign currency risks, states Lucian Anghel, chief economist with the BCR. "In...
Actavis, first foreign greenfield pharmaceutical investor in Romania
Drug producer Actavis, one of the top ten players on the world market of generic drugs (equivalent to the patent drugs, produced after the licence of the patent drugs expires, and which have...
Citi: Banking market will continue to attract foreign investors
We feel very strongly that Romania and in general the South-Eastern area of Europe offers excellent short and medium term opportunities for financial and banking investors, says Kevin Murray...